Caroline Ellison, the former CEO of FTX affiliate Alameda Research, was sentenced to two years in prison on Tuesday. Ellison pled guilty to conspiring with FTX’s Sam Bankman-Fried to steal $ 8 billion worth of customers’ funds, but she was an exceedingly cooperative witness, helping law enforcement to investigate the massive fraud scheme. Her two-year […]
'It's The Elephant In The Room': Sandesh Jhingan On Age Fraud In Indian Football
Sandesh Jhingan opened up about his experience with age fraud in football.© X (Twitter) FC Goa defender Sandesh Jhingan opened up about his experience with age fraud and the challenges it brought. He termed it to be damaging to players’ confidence since it stems self-doubt at a critical stage of their overall football development. Jhingan […]
Gogoro CEO resigns as subsidy fraud investigation continues
Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a […]
Mike Lynch, recently acquitted in HP-Autonomy fraud case, is missing after yacht capsized off Sicily (updated)
Update: Authorities have yet to access the inside of the sunken yacht, and Mike Lynch is still classified as missing. Other details have emerged in the interim. The accident appears to have been caused by a major storm and a resulting tornado-like water column that ensnared and damaged the yacht. Among the other six people […]
Age Fraud Hits Subroto Cup: Three School Teams Kicked Out For This Reason
Representative image© X (Twitter) Three teams were disqualified for fielding overage players in the 63rd Subroto Cup sub-junior boys international football tournament which got underway on Monday. Nazareth Model High School, Dima Hasao, Assam; Nehru Public School, Jamui, Bihar and Ultou Government Model High School, Bishnupur, Manipur were the teams disqualified from the tournament. An […]